Governor visits a thriving Jay Peak resort

Students from Montgomery and Jay try out the climbing walls at Jay Peak Resort. Photo by Joseph Gresser

copyright the Chronicle February 21, 2018

JAY PEAK — Jay Peak is prospering, and its success could lead to a big payday for foreign investors, who not so long ago appeared to be holding the short straw.

At a Valentine’s Day ceremony celebrating the opening of a new recreation center at the Stateside portion of the resort, Michael Goldberg said he expects both Jay Peak and Burke Mountain will go on the market by this summer.

Mr. Goldberg, the Florida lawyer and court-appointed receiver for the assets formerly belonging to Ariel Quiros, who, until recently owned Jay Peak and Burke, said the settlement of Mr. Quiros’ case could greatly benefit those who put money into EB-5 projects at the resort.

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